Valeo sells its propulsion systems business in Russia to NPK Avtopribor
This change of ownership will enable the 158 Russian employees in this business to keep their jobs.
French automotive supplier Valeo Group announced August 18 that as part of its decision to divest its production activities in Russia, it has signed an agreement with NPK Avtopribor for the sale of all Valeo's production assets of its Powertrain Systems business in Russia.
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